Key Points
Finance minister Nirmala Sitharaman on Tuesday said fiscal prudence without compromising on judicious social welfare spending remains the cornerstone of the government's policy...
Replying to a debate on the first batch of supplementary demands for grants for FY24, which was approved by the Lok Sabha on Tuesday, Sitharaman said the Narendra Modi-led government has adopted realistic budget-making in recent years...
This is reflected in the fact that the Centre now presents two instead of three supplementary demands for grants in a fiscal year to meet additional spending requirements, she said...
Sitharaman said an extra 20,000 crore is being provided for the rural employment guarantee scheme in FY24, over and above the budgeted 60,000 crore, and the government will provide more if needed to cater for the "demand-driven scheme"..
The government had on December 6 sought parliamentary approval for an additional net spending of 58,378 crore in the first batch of supplementary demands for grants in this financial year...
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